Given that electricity exports were significantly higher than imports in physical terms, and in value terms in 2023, Romania was in surplus. Not in terms of price per MWh, where the export price was lower than the import price. The value of Romania’s electricity exports in 2023 was 1.23 billion euros, according to the data communicated by the National Institute of Statistics at our request. In 2023, the value of Romania’s electricity imports will reach almost 1.19 billion euros, according to the same source. Both dates are provisional. From electricity trade, Romania’s balance was positive last year, the country having a surplus of 47 million euros against the background of the situation, already known to be a net exporter of electricity in terms of physical volumes. Last year, from a commercial point of view, we exported the most to Bulgaria, 482 million euros, and then to Hungary (406 million) and Serbia (294 million). From the point of view of imports, we paid the most to Serbia (507 million euros) and then to Hungary (334 million euros) and to Bulgaria (309 million). Romania exports electricity during off-peak hours, when it is cheap, and imports during peak consumption hours, when it is expensive. So, for physical exports of 11.63 TWh (INS data differ significantly from those of Transelectrica, which show the physical flows on the interconnection lines) 1.235 billion euros were collected, so, on average, for one MWh exported, Romanian producers they received 106 euros/MWh. Physical imports were, according to the INS, 8.61 TWh, their value being 1.187 billion euros. So, on average, we paid for each imported MWh, almost 138 euros. Therefore, the price for an imported MWh was 30% higher than for an exported MWh, in the year 2023, so even in the situation where we were net exporters of electricity in terms of volumes and, overall, also in terms of from a monetary point of view, the country was in surplus in 2023, the price per MWh is lower for export than for import.
Dacia Bigster has been included in the shortlist for the title of Car of the Year 2026, running against Citroën C5 Aircross, Fiat Grande Panda, Kia EV4, Mercedes-Benz CLA, Renault 4, and Skoda Elroq. To be included in the shortlist, the seven cars had to receive the approval of 59 jurors from 23 countries. Cars […]
Timișoara-born Jecza Gallery will open Fractal Topologies of Infinity, an exhibition that brings into dialogue the works of Constantin Flondor and Mirel Vieru, at Scânteia+ at Casa Presei Libere in Bucharest. The exhibition, curated by Maria Rus Bojan, marks the opening of the gallery’s permanent space in the capital. “This inauguration marks the beginning of a […]
A song with lyrics by Radu Gyr, an interwar poet connected to the far-right and antisemitic Legionary Movement, was performed on October 30 by the “Tronos Junior” Choir in Romania’s new National Cathedral. The incident led to numerous reactions and condemnations, but was rejected by the Church. The controversial event took place on the Day […]
Bistriţa, a city in northern Romania and a former Saxon burg, has been included in the UNESCO Creative Cities Network (UCCN), in the newly-established category of Architecture. This creative field adds to the seven existing ones: Crafts and Folk Art, Design, Film, Gastronomy, Literature, Media Arts, and Music. Bistriţa is one of 58 cities that […]
Real estate developers building residential projects in Bucharest’s District 1 will now be required to contribute financially to the construction of elementary schools in areas lacking educational facilities, the district’s City Hall announced on October 31, Profit.ro...
A bipartisan group of senior members of the United States Congress is preparing legislation to block the Pentagon’s plan to downsize the American military presence in Romania and other NATO outposts along the alliance’s eastern flank,
